Wyndham Midtown 45
New York, NY
205 E. 45th Street, New York, NY 10017
Acquisition Date: 2013
Partnered with Wyndham Worldwide Corporation to acquire and renovate The Alex hotel
Project description:
- Located in midtown Manhattan on 45th Street between 2nd and 3rd Avenues
- Conversion of 130 apartment units and 73 hotel units into vacation ownership units
- 33rd floor Sky Lounge (featuring indoor and outdoor seating), conference rooms, and a fitness center
- Close proximity to Grand Central Terminal and the Empire State Building
Status: Completed in 2014; sold 2017/2018
In operation
*Prior transaction sourcing, financing and development completed by principals of 54 Madison Partners.